
World Economic Forum Survey Projects Mainstreaming of Corporate Citizenship
http://www.iabc.com/cwb/archive/2004/0204/commnews.htm
Baue, William
Communication World Bulletin
2004
Abstract:
A new report credits socially responsible investing, among other trends, for influencing mainstream investors to take corporate citizenship more seriously. Is corporate citizenship entering mainstream investors' consciousness? No and yes, according to a new World Economic Forum report that surveys CEO's and IRO's (investor relations officers) at 26 companies from 14 countries. Forty-two percent of the respondents felt there has been a major increase in the level of activism, engagement and sophistication from the SRI community regarding CSR. Over 70 percent of the respondents who hail from large international corporations believe that mainstream investors will have an increased interest in CSR issues.